C153857 Feasibility Study

• Contract/PO #: C153857
• Contractor Name: Western Mutual Ditch Company
• Contract Type: Loan
• Water District: 2
• County: Weld
• Bill Number: SPL
• Loan Projects - Doc Type: Feasibility Study

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Western Mutual Diversion Repairs and Improvements
CWCB Feasibility Study
May 6, 1998 (Revised December 29,1998)

3, Land and other physical assets of the Ditch Company system.

4. A portion of the revenues from the Recharge Project The project historically brought in
revenues between $0 and $3,800 annually, averaging $1,374 per yearfor the period 1987
through 1997. This could also be approved by vote of the Board of Directors.

Institutional Considerations

The Ditch Company may need to obtain an approving vote of the shareholders to contract for the
loan and to increase the annual assessments in order to service the loans. The only contracts,
agreements, court actions or permits necessary for the construction of the project are a loan contract
with the CWCB and a construction contract with a Contractor.

Opinion of Feasibility

The selected alternative is technically and financially feasible.

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